SEHK:2168

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Kaisa Prosperity Holdings

Executive Summary

Kaisa Prosperity Holdings Limited, an investment holding company, provides property management services in China. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Kaisa Prosperity Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2168 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 2168's weekly volatility (7%) has been stable over the past year.


Market Performance


7 Day Return

-5.9%

2168

-1.9%

HK Real Estate

1.1%

HK Market


1 Year Return

5.6%

2168

-8.3%

HK Real Estate

8.2%

HK Market

Return vs Industry: 2168 exceeded the Hong Kong Real Estate industry which returned -8.3% over the past year.

Return vs Market: 2168 underperformed the Hong Kong Market which returned 8.2% over the past year.


Shareholder returns

2168IndustryMarket
7 Day-5.9%-1.9%1.1%
30 Day0%6.9%7.2%
90 Day-26.8%-3.0%5.2%
1 Year7.3%5.6%-3.4%-8.3%12.6%8.2%
3 Yearn/a-0.3%-12.9%0.4%-10.0%
5 Yearn/a45.0%14.7%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is Kaisa Prosperity Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kaisa Prosperity Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2168 (HK$20.8) is trading below our estimate of fair value (HK$65.5)

Significantly Below Fair Value: 2168 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2168 is poor value based on its PE Ratio (12.9x) compared to the HK Real Estate industry average (8.6x).

PE vs Market: 2168 is poor value based on its PE Ratio (12.9x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 2168 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 2168 is overvalued based on its PB Ratio (2.4x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Kaisa Prosperity Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

29.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2168's forecast earnings growth (29.2% per year) is above the savings rate (1.6%).

Earnings vs Market: 2168's earnings (29.2% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 2168's revenue (28% per year) is forecast to grow faster than the Hong Kong market (13.6% per year).

High Growth Revenue: 2168's revenue (28% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2168's Return on Equity is forecast to be high in 3 years time (23.3%)


Next Steps

Past Performance

How has Kaisa Prosperity Holdings performed over the past 5 years?

32.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2168 has high quality earnings.

Growing Profit Margin: 2168's current net profit margins (13.3%) are higher than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: 2168's earnings have grown significantly by 32.1% per year over the past 5 years.

Accelerating Growth: 2168's earnings growth over the past year (58.1%) exceeds its 5-year average (32.1% per year).

Earnings vs Industry: 2168 earnings growth over the past year (58.1%) exceeded the Real Estate industry 1%.


Return on Equity

High ROE: 2168's Return on Equity (17%) is considered low.


Next Steps

Financial Health

How is Kaisa Prosperity Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2168's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥596.0M).

Long Term Liabilities: 2168's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥22.3M).


Debt to Equity History and Analysis

Debt Level: 2168 is debt free.

Reducing Debt: 2168 had no debt 5 years ago.

Debt Coverage: 2168 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2168 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Kaisa Prosperity Holdings's current dividend yield, its reliability and sustainability?

2.49%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2168's dividend (2.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 2168's dividend (2.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.6%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 2168 has been paying a dividend for less than 10 years.

Growing Dividend: 2168's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34%), 2168's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2168's dividends in 3 years are forecast to be well covered by earnings (38.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Chuanqiang Liao (40 yo)

4.08yrs

Tenure

CN¥6,401,000

Compensation

Mr. Chuanqiang Liao serves as Chairman at Kaisa Property Holdings Limited and serves its Director since October 13, 2017. Mr. Liao is President of Kaisa Prosperity Holdings Limited since October 2016. He i...


CEO Compensation Analysis

Compensation vs Market: Chuanqiang's total compensation ($USD973.49K) is above average for companies of similar size in the Hong Kong market ($USD337.76K).

Compensation vs Earnings: Chuanqiang's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chuanqiang Liao
Chairman & President4.08yrsCN¥6.40mno data
Jianxin Wu
Executive Director1.75yrsCN¥77.00kno data
Li Guo
VP & Executive Director2.5yrsCN¥2.42mno data
Hiu Ting Kwok
Vice Chairwoman of the Boardno datano datano data
Xuezhong Yi
General Manager of Financial Planning Department4.17yrsno datano data
Haiming Li
Executive Director0.58yrno datano data
Kwok Leung Yu
Company Secretary1.67yrsno datano data

1.8yrs

Average Tenure

41yo

Average Age

Experienced Management: 2168's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chuanqiang Liao
Chairman & President4.08yrsCN¥6.40mno data
Jianxin Wu
Executive Director1.75yrsCN¥77.00kno data
Li Guo
VP & Executive Director2.5yrsCN¥2.42mno data
Hiu Ting Kwok
Vice Chairwoman of the Boardno datano datano data
Haiming Li
Executive Director0.58yrno datano data
Hongbai Liu
Independent Non-Executive Director2yrsCN¥236.00kno data
Xiumin Ma
Independent Non-Executive Director2yrsCN¥236.00kno data
Bin Chen
Independent Non-Executive Director2yrsCN¥236.00kno data

2.0yrs

Average Tenure

43yo

Average Age

Experienced Board: 2168's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Company Information

Kaisa Prosperity Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kaisa Prosperity Holdings Limited
  • Ticker: 2168
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$3.080b
  • Shares outstanding: 154.00m
  • Website: https://www.jzywy.com

Number of Employees


Location

  • Kaisa Prosperity Holdings Limited
  • Kaisa Center
  • Block A, Room 507
  • Shenzhen
  • Guangdong Province
  • 518002
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2168SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2018

Biography

Kaisa Prosperity Holdings Limited, an investment holding company, provides property management services in China. Its property management services include management of properties, maintenance and repair o...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 10:27
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.